Angiography Devices Market Insights:
The Angiography Devices Market was analyzed which was worth USD 9.01 Billion in the year 2022, expecting a CAGR of 5.92% during the forecast period (2023-2030), and the market is projected to be valued at USD 14.27 Billion by 2030.
Driver:
The increased adoption of Angiography Devices in the Medical Devices is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Angiography Devices also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Angiography Devices in many sectors also boosts the market growth during the forecast period.
Angiography Devices are medical devices used in medical imaging to visualize the blood vessels in various parts of the body. These devices are used to diagnose and treat various medical conditions, such as heart disease, peripheral arterial disease, and kidney disease. Angiography devices use a contrast dye and X-rays to create detailed images of the blood vessels. During the procedure, the contrast dye is injected into the blood vessels through a catheter that is inserted into a vein or artery. The X-ray machine then takes images of the dye as it flows through the blood vessels, allowing the physician to see any blockages, narrowing, or abnormalities.
Angiography Devices Market Research Report” was just released by Market Research Community. It is divided into several categories, including Product (Angiography Systems, Catheters, Guidewire, Balloons, Contrast media, Vascular closure devices, Angiography accessories), application (Diagnostic, Therapeutic), Technology (X-Ray Angiography (Image Intensifiers, Flat-panel Detectors), CT Angiography, MR Angiography), and companies (Abbott Laboratories, AngioDynamics, Inc., Boston Scientific Corporation, b.braun melsungen ag, General Electric Company, Koninklijke Philips N.V., Medtronic, Inc., Merit Medical Systems, Inc., Siemens Healthcare, shimadzu corporation), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 5.92%, over the forecast period of 2023–2030.
Report Coverage:
Report Attributes | Report Details |
Study Timeline | 2017-2030 |
Market Size in 2030 (USD Billion) | 14.27 Billion |
CAGR (2023-2030) | 5.92% |
By Product | Angiography Systems, Catheters, Guidewire, Balloons, Contrast media, Vascular closure devices, Angiography accessories |
By Application | Diagnostic, Therapeutic |
By Technology | X-Ray Angiography (Image Intensifiers, Flat-panel Detectors), CT Angiography, MR Angiography |
By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Key Players | Abbott Laboratories, AngioDynamics, Inc., Boston Scientific Corporation, b.braun melsungen ag, General Electric Company, Koninklijke Philips N.V., Medtronic, Inc., Merit Medical Systems, Inc., Siemens Healthcare, shimadzu corporation |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Angiography Devices market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Abbott Laboratories, AngioDynamics, Inc., Boston Scientific Corporation, b.braun melsungen ag, General Electric Company, Koninklijke Philips N.V., Medtronic, Inc., Merit Medical Systems, Inc., Siemens Healthcare, shimadzu corporation
Market Segment Analysis:
By Product
Angiography Systems
Catheters
Guidewire
Balloons
Contrast media
Vascular closure devices
Angiography accessories
By Technology
X-Ray Angiography
- Image Intensifiers
- Flat-panel Detectors
CT Angiography
MR Angiography
By Application
Diagnostic
Therapeutic
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2022, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Angiography Devices industries in the region.
Key Angiography Devices Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Angiography Devices Market segments.
– Largest Market Share Held by Industry to Industry for Angiography Devices
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Angiography Devices Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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